iShares MSCI Brazil Small-Cap (EWZS) Enters Oversold Territory
October 21, 2014 at 11:17 AM EDT
In trading on Tuesday, shares of the iShares MSCI Brazil Small-Cap ETF (EWZS) entered into oversold territory, changing hands as low as $16.23 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..